According to NYT, the first batch of cryptocurrencies called Gram will be released within two months, to be more precise, until October 31. The authoritative publication of The New York Times informed about it.
Why until October 31? – Just because if Pavel Durov does manage to make the coin public before this moment, then according to the contract he must return $1.7 billion to investors.
Representatives of the Telegram messenger told investors that they planned to release the first batch of their own Gram cryptocurrency within the next two months. It is reported by The New York Times with reference to three investors who recently spoke with Telegram.
In addition, the messenger also plans to create electronic wallets that can be used by 200-300 million Telegram users – investors who wished to remain anonymous said. The Messenger announced that Gram will become a new online currency and a way to send money anywhere in the world – the newspaper writes.
Telegram representatives have not yet commented on this news.